The old entente

After all, for fifty years in the GATT the U.S. and Europe divid­ed the top jobs in the World Bank, IMF, OECD and GATT between them. bq. Devel­op­ing coun­tries have raised con­cerns about the Unit­ed States and Euro­pean Union tac­it­ly shar­ing out the top posts at the major inter­na­tion­al finan­cial insti­tu­tions, includ­ing the WTO. (Channelnewsasia.com) But such a deal no longer makes an dif­fer­ence. Devel­op­ing coun­tries could eas­i­ly man­age the con­sen­sus deci­sion — if they were of one mind.

Peter Gallagher

Peter Gallagher is student of piano and photography. He was formerly a senior trade official of the Australian government. For some years after leaving government, he consulted to international organizations, governments and business groups on trade and public policy.

He teaches graduate classes at the University of Adelaide on trade research methods and the role of firms in trade and growth and tweets trade (and other) stuff from @pwgallagher